From Hildburg Bruns
Munich or Hamburg? No, Germany’s most expensive rental apartments are now – in Berlin!
The capital occupies seven places in the top ten of the most expensive rental apartments in Germany. There are currently only similarly expensive offers in Düsseldorf and Frankfurt, as determined by the online platform Immoscout24.
Jägerstraße 41 (middle), top price in the ranking, 19,500 euros cold/22,380 euros warm, 8 rooms, 720 m², 4 garages, built in 2008, design by J.Mayer H., green graphics on the floor, ceilings, walls, roof terraces with a view on French Cathedral / TV Tower Photo: Immoscout
► Jägerstraße 41 (middle) – the absolutely expensive apartment that is looking for a wealthy lover. Renting for 22,380 euros per month including additional costs – makes 27.08 euros/m². At 720 square meters, the apartment is five times larger than an average single-family house. The penthouse shows lots of color and distinctive graphic elements on the floor and ceiling. One of the roof terraces with a sauna overlooks the French Cathedral.
The house on Jägerstraße with the second most expensive rental apartment Photo: Immoscout
The real estate experts have calculated that you could buy a 2-room maisonette apartment in Mönchengladbach for the annual rent.
Jägerstraße 34/35 (middle), penthouse with a 360-degree view, 2nd place in the expensive ranking, 17,000 euros/cold, 19,850 euros warm, 5th/6th Floor, 7 rooms, 706 m² (24 euros/m²), parking space 220 euros, herringbone parquet in oak, Poggenpohl fitted kitchen, four roof terraces with raised beds Photo: Immoscout
► Nearby, also in theJägerstrasse, the second most expensive property: a penthouse with a 360-degree view on the sixth floor (built in 2007). Also huge (706 m²) with tasteful herringbone parquet for 19,850 euros warm. A lift goes into the underground car park to the parking space for 220 euros.
Stresemannstraße (Kreuzberg) place 5 and 6 in the expensive ranking 12,000 euros cold, around 64 euros/sqm, 185 or 188 sqm in the 15th/16th Floor, no pets, furnished with toaster, ironing board, two roof terraces Photo: Immoscout
Who rents so expensive?
“Two groups,” says Achim Amann (46) from Black Label Immobilien. “Companies for their Dax board members. Or wealthy individuals who want to live here temporarily. It’s often not just about housing, but also about representation.”
Stresemannstrasse: Furnished two rooms with 188 square meters for 12,000 euros including heating Photo: Immoscout
The expert knows: “In the times of Corona, nothing worked and even after the outbreak of the war of aggression against Ukraine, there was a standstill for six months. Now they’re coming back,” says Amann. “Arabs tend to be shorter, because they tend to go to London or Paris, but Asians, Americans, Southern Europeans.” Not Berliners – they don’t rent that expensive, so they prefer to buy.
Prenzlauer Berg (Pankow), 10th place in the expensive ranking, 11,500 euros/cold, warm 12,535 euros, penthouse on the 5th floor, 5 rooms, 384 square meters of living space, built in 1890, renovated in 2020, underfloor heating, gas, fireplace, cinema room, brighter cast floor Photo: Immoscout
Most expensive rents can be found in Mitte, but there are also a few in Kreuzberg (Stresemannstraße) and PrenzlauerBerg.
Oberwallstraße 21 (middle), townhouse from Grüntuch/Ernst, 7th place in the expensive ranking, 12,000 euros cold, warm 13,500 euros, 403 m², rent excluding costs
29.78 euros/m², 5 rooms/4 floors, two parking spaces , built in 2008, district heating, full basement, fireplace, ceiling cooling, wooden floor Photo: Immoscout
What’s up with Normalo tenants in Berlin?
►Most wanted apartment: 2 rooms, 59 m², 554 euros basic rent – 636 applicants at Immoscout per day via e-mail.
►Average rent inventory: 70 m² for 12.56 euros/m² or 879 euros cold in the first quarter.
►Average rent new construction: 70 m² for 17.64 euros/m² cold in the first quarter.
►Expensive neighborhoods: +++ Central stock: 17.84 €/m², new building: 27.56 €/m² +++ Friedenau stock 14.85 €/m², new building: 24.20 €/m² +++ Friedrichshain stock 14.30 € /m², new construction €23.89/m².
►Convenient districts: Marzahn stock: 9.67 €/m², new building: 11.26 €/m² +++ Wartenberg stock: 10.70 €/m², new building: 11.99 €/m² +++ Spandau stock: 11.14 € /m², new building: €12.21/m².
In the IBB housing market report 2022, the average asking rent in Berlin was 11.54 euros/m² – which was a ten percent increase compared to the previous year. The number of advertisements fell sharply. In the surrounding communities, the average offer was 11.12 euros/m², in Potsdam 11.91 euros/m².
Ten years earlier, the Berlin average was 7.20 euros/m² – an increase of 60.3 percent within a decade.